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5 Stocks Pushing The Energy Industry Lower

1. As of noon trading,
Halliburton Company (
HAL) is down $0.13 (-0.4%) to $30.35 on heavy volume Thus far, 10.5 million shares of Halliburton Company exchanged hands as compared to its average daily volume of 12.4 million shares. The stock has ranged in price between $30.10-$30.43 after having opened the day at $30.35 as compared to the previous trading day's close of $30.48.

Halliburton Company provides various products and services to the energy industry for exploring, developing, and producing oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. Halliburton Company has a market cap of $29.4 billion and is part of the basic materials sector. The company has a P/E ratio of 10.2, below the S&P 500 P/E ratio of 17.7. Shares are down 8.1% year to date as of the close of trading on Thursday. Currently there are 19 analysts that rate Halliburton Company a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Halliburton Company as a
buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
Halliburton Company Ratings Report now.

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.